An organization that is established as a not-for-profit (or NFP), whether qualified as a tax exempt one or not (many aren't tax exempt - like political action committees), does not have owners in the conventional sense.
While the organization may in fact make money in any number of ways, on investments, business ventures, donations, etc., and pay salaries and other expenses as needed, all of it's 'earnings" are employed (or spent) to further the NFP goals. No dividends are paid and the stock is not traded. Owners, (again a hard term to use), do not get anything.
If they did, then by definition, it wouldn't be a not for profit!
NO you wont. Non Profit means you do it for no profit.
your dumb
yes
It is an organization that exists to serve a purpose as opposed to make money.
i think that it is a profit organisation as they make money out of what they do such as own brands etc
It is an agency that exists to serve a purpose in the community, rather than to make money.
This will explain differences to start a non profit organization with no money at all If your still not sure..... I have placed a useful step by step guide link in my bio that you can check out.
Commercially means it has to make money, make a profit for someone. Non commercial doesn't have to make money.
there is about 506 shelters that don't make money there is about 506 shelters that don't make money
This will explain differences to start a non profit organization with no money at all If your still not sure..... I have placed a useful step by step guide link in my bio that you can check out.
Organizations do many things. Even non profit organizations need money to operate and accomplish things. For profit organizations need money to perform a service as well as to make a profit.
If you are trying to start a non profit organization with no money at all I suggest using fiscal sponsorship. If your still not sure..... I have placed a useful step by step guide link in my bio that you can check out.
you seem not to understand the idea of 'non-profit'